Foster & Motley Inc. Has $4.35 Million Stake in Vontier Corporation $VNT

Key Points

• Foster & Motley Inc. increased its stake in Vontier Corporation by 38.2% during the second quarter, now owning 117,857 shares worth approximately $4.35 million.
• Vontier reported earnings of $0.79 per share for the last quarter, exceeding expectations by $0.07, and its revenue increased by 11.1% year-over-year.
• The company recently announced a quarterly dividend of $0.025 per share, reflecting a low yield of 0.2% and a payout ratio of 3.80%.

Foster & Motley Inc. increased its stake in shares of Vontier Corporation (NYSE:VNT - Free Report) by 38.2% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 117,857 shares of the company's stock after buying an additional 32,557 shares during the quarter. Foster & Motley Inc. owned about 0.08% of Vontier worth $4,349,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of VNT. Brooklyn Investment Group lifted its stake in shares of Vontier by 586.2% in the 1st quarter. Brooklyn Investment Group now owns 844 shares of the company's stock valued at $28,000 after acquiring an additional 721 shares during the last quarter. Olde Wealth Management LLC acquired a new stake in shares of Vontier in the 1st quarter valued at about $36,000. MassMutual Private Wealth & Trust FSB boosted its stake in Vontier by 75.7% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 1,228 shares of the company's stock valued at $45,000 after purchasing an additional 529 shares during the last quarter. Trust Co. of Toledo NA OH acquired a new position in Vontier during the 2nd quarter valued at about $53,000. Finally, Summit Securities Group LLC bought a new position in shares of Vontier during the 1st quarter worth approximately $64,000. Institutional investors and hedge funds own 95.83% of the company's stock.

Analyst Ratings Changes

A number of research firms recently commented on VNT. Argus raised shares of Vontier from a "hold" rating to a "buy" rating and set a $47.00 price target on the stock in a report on Tuesday, August 5th. Barclays restated an "overweight" rating on shares of Vontier in a research report on Monday, August 4th. Wall Street Zen upgraded shares of Vontier from a "buy" rating to a "strong-buy" rating in a research report on Saturday, August 2nd. Robert W. Baird boosted their price target on shares of Vontier from $40.00 to $45.00 and gave the stock a "neutral" rating in a research note on Monday, August 4th. Finally, Evercore ISI reaffirmed an "outperform" rating on shares of Vontier in a research note on Tuesday, August 19th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, Vontier has an average rating of "Moderate Buy" and an average price target of $47.50.

Vontier Trading Up 2.8%

NYSE:VNT opened at $42.57 on Friday. Vontier Corporation has a 52 week low of $27.22 and a 52 week high of $43.88. The company has a quick ratio of 0.80, a current ratio of 1.08 and a debt-to-equity ratio of 1.32. The company's 50 day moving average price is $42.12 and its 200-day moving average price is $37.79. The stock has a market cap of $6.24 billion, a price-to-earnings ratio of 16.18, a PEG ratio of 1.37 and a beta of 1.30.

Vontier (NYSE:VNT - Get Free Report) last issued its earnings results on Thursday, July 31st. The company reported $0.79 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.72 by $0.07. Vontier had a net margin of 12.99% and a return on equity of 41.96%. The company had revenue of $773.50 million for the quarter, compared to analysts' expectations of $734.23 million. During the same quarter last year, the company posted $0.63 earnings per share. The firm's quarterly revenue was up 11.1% on a year-over-year basis. Vontier has set its FY 2025 guidance at 3.100-3.200 EPS. Q3 2025 guidance at 0.740-0.780 EPS. On average, equities research analysts forecast that Vontier Corporation will post 3.13 earnings per share for the current fiscal year.

Vontier Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, September 25th. Investors of record on Thursday, September 4th were paid a dividend of $0.025 per share. This represents a $0.10 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend was Thursday, September 4th. Vontier's dividend payout ratio (DPR) is presently 3.80%.

Vontier Company Profile

Vontier Corporation provides mobility ecosystem solutions worldwide. The company operates through Mobility Technologies, Repair Solutions, and Environmental and Fueling Solutions segments. The Mobility Technologies segment provides digitally equipment solutions for mobility ecosystem, such as point-of-sale and payment systems, workflow automation, telematics, data analytics, software platform, and integrated solutions for alternative fuel dispensing.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.